LULU

gentle_giant_91

I cant speak about entire market as whole. And definitely luck is involved in my trading but I feel strongly about LULU calls and META puts. But Meta I feel nervous holding over the earnings calls so will buy tomorrow and sell before ER

ObjectiveLanguage

If I said that 3-4 rate cuts would happen this year and investors put money in the market in anticipation of those rate cuts, then later turned around and said that the cuts may not happen after all, wouldn't it be completely reasonable for the investors to take that money back out? I don't get your point here... nothing suggests that this is just a simple correction, it's a re-evaluation of the overall market and economy for the intermediate future. You can also see this in bond yields that have skyrocketed over the past couple weeks. Also, earnings don't mean shit without good guidance. Look at the earnings that have been posted in the past couple weeks: JPM, LULU, NFLX, TSM, SMCI just to name a few. The problem today was that SMCI did not give guidance on their expected numbers like they did previously when things were good especially since it came in right after TSM. This led investors to draw the conclusion that the entire semiconductor industry might be hitting a slowdown, which caused today's tech selloff. Maybe people will have more hope for AMD or MSFT, but that won't prop up the entire S&P500 because AAPL has poor expectations and NVDA doesn't report till June. I'm not saying there won't be a bounce next week. I'm just saying your logic is wrong. The market has dropped harder than this in a 7 day period before (it's only down \~4% since last Friday compared to \~8% down Jan 2022 or \~7% Aug 2022), it can happen again.

RGR111

Hi LULU 

thefreewheeler

Getting wrecked. The cherry on top of the LULU I bought last month. So long as it all goes unrealized we're fine though. Go buy more.

RGR111

Hi LULU 

ykoreaa

LULU and ADSK are the only two companies I sold calls for mid week, and they're the only tickers up in my portfolio 😔

Hefty-Size6292

I want it to be 2020 again. I make like 20k on LULU calls and I had no idea what I was doing

Hefty-Size6292

I want it to be 2020 again. I make like 20k on LULU calls and I had no idea what I was doing

stickman07738

I posted [this comments about 6 months](https://www.reddit.com/r/stocks/comments/179udhl/comment/k5aao4n/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) ago and got out of ULTA. I always like them but re-checked the Sephora store last week - still packed mid-day. I suspect some store bias as there is LULU store in same area while the ULTA locations are more isolated.

JiffKewneye-n

yoga pants are apparently vital to the war effort. LULU up on the day somehow. rip my puts :(

JiffKewneye-n

LULU P 325,330, 335, 337.5, 345, 347.5. all exp tomorrow. my entire gambling port. lol but lets see what it actually does. the market is unpredictable.

JiffKewneye-n

i kept buying more puts on LULU yesterday and today like a total degenerate lighting every faulty match trying to ignite a half smoked abandoned cigarette

RGR111

Hi LULU 

doctorqaz

Why LULU trending here?

comancheranche

LULU  hope u r doing great my duder!!

RGR111

Hi LULU 

No-Anywhere-562

$LULU 😻

Rough-Shallot-124

I posted yesterday about 3 dislocated stocks I bought; LULU, PANW, and ZS. PT is 500, 400, and 275 respectively

RicksBirdperson

They will be, but so was LULU and they tanked 15%

OddToba

Yeah, a few points; https://chainstoreage.com/news-briefs/2024-04-12?article=mastercard-spendingpulse-march-retail-sales-rise-across-channels This is the article with the relevant data that I'm assuming OC was talking about. 1. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, total U.S. retail sales (excluding automotive) were up YoY in March 2024, showing showing continued growth for both online (+6.1%) and in-store (+2.6%) retail sales. Notably, it's not adjusted for inflation (noted at the bottom of the article). Which means, when you factor in CPI inflation, it's actually down in real terms. 2. Home furnishings and furniture is down -8.3% YoY, of which RL has a sizable portfolio of home decor in their portfolio. This is a trend we've seen after COVID, where COVID spurred a lot of home improvement, furniture, furnishings, and now it's declined. 3. The article does note an increase in apparel spending, but my optimism allows me to assume that it could be outside of the RL semi-luxury tier. LULU and PVH re-affirms my thesis that this semi-luxury (below Gucci, Versace, Balenciaga, etc.) is going to face a poor year. So it's not enough to really shake me. Plus the reality is it would just reduce the likelihood of a pre-announcement revising earnings and guidance down (which I anticipate **could** happen next week, though it's still not super likely), as well as potentially (in the worst case scenario) allow RL to have a great earnings report and guidance. However, in the nearer term, I do think that the low volume exhibited by the stock, the resistance at this current \~159-162 range, and the gap **will** fill if there's any other bearish catalyst (continued strong inflation data, the April/May FOMC meeting, a retaliatory attack from Israel, or some random black swan like a bank failure due to sustained high interest rates & high treasury yields).

Bilbo_Butthole

Hell yeah, loaded both PANW and LULU the other day

milocreates

LULU fucked me so hard. Good luck.

felanlang

Just picked up some LULU

RGR111

Hi LULU 

juliettefriskey

HI LULU

RGR111

Hi LULU 

GlassFirefighter5430

I have a question about a few different positions I have open and peoples thoughts on them, right now I am down about 15 percent on 350 LULU 5/3 Calls (was down about 40 percent yesterday) next up is where I have the most equity in and it’s SOFI calls I’m down about 30 percent and was down 50 percent yesterday and I’m really scared about this one but I’m holding till er and last but not least is HOOD I got like 300 left in it I’m down about 500 but I wanna hold till er I’m also in FIVE calls for August and down 1000k (60 percent) i want to cut losses but I want to wait for it to go up a little bit more so my losses are less and also iv got one more little position in BOWL (13.5 calls for 5/10) down about 10 percent

Business-Manner-4050

LULU looks good except maybe further to fall if indeed recession

ghostofcaseyjones

Thoughts on discretionary retail? I'm watching GOOS, ATZ, LULU, VFC

jojodoudt

$LULU is at resistance now. Scoop it up while you can. Nobody cares if it’s fast fashion and overpriced. It sells.

pvnieuw

Bought LULU at 398, it’s now 332 

pvnieuw

Will LULU ever have a Green Day again

OddToba

It still lost 20% since PVH and LULU gave shit guidance ¯\_(ツ)_/¯ almost as if consumer discretionary is cyclical and institutional money is rotating out.

smackiechanel

consumer stocks are not in bro, wait until u start to see LULU NIKE MCD and all that other shit get a breath of life

RGR111

Hi LULU 

Happy_Wafer5366

Wtf did they do to LULU

QuirkyAverageJoe

Bullish on $LULU ✅ Curling up ⬆️ https://preview.redd.it/cc8k9t7wsouc1.jpeg?width=1170&format=pjpg&auto=webp&s=e02159f8f575851bfe01a528e09b42a6fd1b7389

brdsbeatsbourgeoisie

LULU down big too. Something to keep an eye on

QuirkyAverageJoe

Long $LULU calls ✅

QuirkyAverageJoe

$LULU April 19 $350 calls 🎯

QuirkyAverageJoe

Long $LULU again ✅

QuirkyAverageJoe

$LULU calls 🎯

QuirkyAverageJoe

Long $LULU 📈

QuirkyAverageJoe

Long $LULU April 19 $350 calls ✅

Elforas_Tero

I'm out of the loop. WTF happened with LULU?

BulltraderK

Exactly. This my play I’m literally yoloing to hit big idc if i lose. I played Costco and LULU calls and got burned, this earning season I’m playing puts in all the big movers

lipmanz

Alo so hot it’s got me a little nervous about my LULU calls

Lost-Relief-96

LULU now has a P/E ratio of 27…

alphap26

I'm liking financial analysis companies like FICO, S&P and Moody's along with tech and I've bought some of the beat down consumables / fashion companies like ULTA and LULU

fightingwayforward

I’m not even going to lie here: I like the stock. I like TSM. but the things currently making stocks rocket during earnings is FORWARD. GUIDANCE. it’s why JPM tanked today and my puts printed. Their NIIM guidance wasn’t what people thought it would be. It’s why I was royally SCREWED with my LULU calls. That being said, unless TSM has guidance that ups their projected orders for the rest of the year I don’t see them jumping 10%. I hardly see them jumping 5. Maybe I’m wrong. I’m happy to be wrong here. But watching the price be predictable and manipulated the past week between 144-148 has me worried. They make the chips for everyone so you think they’d be priced higher. And they should be. I’ll probably buy a few calls or a straddle but I can’t justify the full port yolo. I could actually see them dropping into the 130s post earnings. I don’t want it to happen because I want to be wrong so bad, but it’s 100% a possibility. Just like with JPM. everyone was SO sure, but I had a gut feeling and just went with it

tomato119

We don't know what next week holds, and if the dip will keep dipping. But I went ahead and bought a TONof SBUX and CELH hoping for a swing trade. Wish I had some more cheddar for UNH. I didn't trust myself with Apple and let myself get spooked by the doom here. Could have been a very sweet swing trade. With these megacaps, a lot of times you don't need to know anything about investing, you just buy low and sell high. I missed a huge bullet trying to swing trade LULU 2 weeks ago. So glad I didn't hold. Sometimes you have to step back and see what you are actually buying. You can't try to be a big brain. The stock market is very basic and fundamentals matter. No need to invest in sh\*t stonks or pandemic-money stocks.

hoobaacheche

LULU! Holy shieet

yellowberrymuffin

Hey LULU uhh it'd be nice if you used that god damn buyback right about now before I fucking get assigned on my 340 puts in 23 mins

yellowberrymuffin

Hey LULU uhh it'd be nice if you used that god damn buyback right about now before I fucking get assigned on my 340 puts in 26 mins

NaluknengBalong_0918

Mines like LULU

pvnieuw

Me thinking LULU at $395 was a buy 

cyanberrymuffin

I’m buying LULU cuz it has got to dead cat bounce over here. At some point they’re gonna start going full throttle with their buyback

Metacog_Drivel

War is pretty good for PLTR but awful for bitcoin miners and LULU, apparently.

Own-Wolverine-5361

Are you more of an AZZ guy or TT guy? TT is more fun, but AZZ looks really good in LULU

BIG_SQUID669

I am not fucking with options on LULU but I did buy a large chunk yesterday long

rchunt15

LULU

Ok-Version-8334

Although i’m thinking LULU was a big mistake. Will try to be more careful in the future. Thanks.  

fightingwayforward

I played LULU and that BURNED me. I’m more bullish than bearish but I’m learning you have to be whichever one will make you money in the moment.

casey-primozic

I had a dream last night I was banging a gorgeous 19-year old lady in a gangbang. But I couldn't get it up. Am I ghey? Calls on LULU.

HunterBidensdik

White bitches emboldened to act up now that there is no threat of decapitation Calls on LULU, SBUX

jackperitas

Eh, fuck it. Here are your LULU emojis, I know you fucking degenerates love them. ❤️❤️❤️❤️❤️❤️🥰🥰🥰🥰💗💗🥰🥰💗🥰🥰💗💗🥰💗🍆🍆🍆🍆💕💕💕💦💦💦🍆🍆🍆🍆🔥💦💦💦🔥🔥🔥😛😛😛😛🤪🤪🤪🤪🤭🤭🤭🤠🤠🤠🤠😻😻😻😻

hoobaacheche

LULU bulls 

Bob_Wilkins

Short the retailers. LULU, TGT, M, RL. Long energy, DG.

UnhappyReach

LULU

CJ-2QT

LULU bears feasting in 2024... down 30% YTD

ItradebetterthanU

I shorted 300 shares or LULU last year at &370.43… I’m finnaly in the green, even after that bitch going over $500 per share !!! I knew it was a cult stock !

Worried_Quarter469

LULU, VSCO, ULTA It’s over

Artistic-Crow-3794

This is me. Special thanks goes to COST, S, PATH, LULU, MTN and anyone else who beat earnings but sucked guidance dicks..

Neeko305

I noticed UAA was oversold as well. What about NKE LULU and MCD? RSI looking good on those too.

IAMHideoKojimaAMA

You must also own LULU and ULTA

Metacog_Drivel

ELF and LULU looking good. Becky is so back.

theknowndudereturns

LULU ULTA ELF recovery

wearahat03

Start with reading their ER. LULU's growth, especially US growth responsible for 85% of their profits has slowed quickly. They provided 2024 revenue outlook of 10.7B - 10.8B and EPS $14 - $14.2. That implies 11-12% revenue growth and 15-16% EPS growth. Implied forward PE is 25. Their revenue growth for 2023 was 19%, down from 30% in 2022 and 42% in 2021. US revenues decelerated much faster, currently at 9% YoY. What happens beyond 2025 is all speculation. You've rightly pointed out there were clothing companies in the past that generated huge growth and profits only to fade into the background. Here's my opinion on why I think LULU's 29 PE and 25 forward PE doesn't justify the risk. I think growth slowdown will continue beyond 2024. First, don't fight the trend. Second, their only double-digit growth market is outside USA, especially Asia (China). Asian countries care about foreign brands. If they are not popular in USA (yes it's canadian), they won't be popular in Asia. I can't think of a single US brand that's only popular in Asia. Asia sales are derivative of US sales. Linked to it. If LULU wasn't popular in USA, the Chinese or Koreans wouldn't care about it. That's why the US growth is important not just in size (85% of profits) but how the brand is viewed globally. Third, their gross margins used to be 50%, then 55% in the past 5 years, then 60% today. While they're not alone in jacking up prices, they're at their limit of how much they can jack up prices relative to cost. Companies like Hermes can do it because they are low volume, price increases YoY. Lulu customers don't have unlimited budget. It leaves space for competitors to undercut them. That's contributed to why their sales growth declined, instead of paying $80 for $40 pants, it's now $100 for $40 pants. If they try for $130 for $40 pants, like luxury brands, their customers will shop elsewhere. Gucci saw sales decline of 20%, that's how fickle these markets are if you're out of trend. Last, there are many companies trading at fwd 25 PE or 29 PE. Why take the risk on LULU? Even if you believe analysts double digit growth for the next 5 years, you could get GOOGL or META with the same forward PE without the out of trend risk or China risk. They have the AI upside potential. Or you could get V, which gets automatic growth from higher transaction volumes. Investments you can jump in and forget as they won't disappear overnight like UAA, GAP and VFC you mentioned.

NotPapaElon

LULU weekly calls 10% otm

DEASqueezeAllComing

Devil advocate would simply say that the LULU , TSLA and MCD customers are not necessarily related to DAL customers. Better to compare apples with apples, for example if you tell me EXPE is a sign things are expected to slow down I am more convinced : https://www.tradingview.com/news/reuters.com,2024:newsml_L3N3FB4UC:0-expedia-to-cut-about-1-500-jobs-globally-amid-moderating-travel-demand/?mobileapp_new=true Nonetheless, good luck with your options!

YBYAl

I need to cut 3 of my positions, which 3 would you sell? Brk.b 17% (+30%) LULU 12% (-10%) Meta 11.5% (+191%) COST 11.15% (+32%) AMZN 11.6% (+77%) GOOG 6% (+39%) MSFT 5.5% (+50.55%) AAPL 5% (+6%) V 4% (+23%) GXO 4% (-1.44%) WMT 3% (+19%) PEP 3% (-7%) J&J, HIMs, KO & cash for the rest.

RubiksPoint

Delta is the amount that an option's value (or warrant, in this case), changes with a small change in the underlying. To get an intuition of what delta means and how it works with puts, I like to use extreme cases. Imagine you have two put warrants, one for $50 and one for $1000 on LULU. Using the price of $355, the value of the $50 strike put is near 0 and the value of the $1000 strike put is near $645. If LULU drops one dollar to $354, the $50 strike put is still going to be worth almost nothing because a $1 change barely changes how far OTM the $50 put is. The $1000 strike put should be worth about $646 because the intrinsic value has increased by a dollar. So, in these cases, the delta (using the heuristic of the warrant's value change per dollar change in the underlying) of the $50 strike put was around $0/$-1 = 0 and the delta of the $1000 put was around $1/$-1 = -1.

longGERN

In summer ATM LULU calls

Folsey

This is like ppl before LULU earnings saying it's gonna moon because "fat bitches are losing weight". If you look into NVO, they're experiencing a massive shortage of Ozempic, they can't keep up with the supply. Good problem to have, nonetheless. Meanwhile they've been acquiring companies and production sites to address lack of product. That's a good thing, but for longer term. IMO they are a good long hold but I wouldn't get too excited about their upcoming earnings. I'm looking into buying calls but I'm selling before earnings for sure

Rick_Perrys_Asshole

sir, you are late to the party you had a chance to buy at $60, $80, $100, shit even at $120 you could have ridden up to $140 ANF is not CHEAP. Look at what is going on with other retailers ULTA, ELF, LULU, PVH, NKE, etc they are ALL warning about shit sales and guiding down rest of the year. ANF almost went BK and then pivoted to not shit clothes with douche models. and some algo got ahold of it and squeezed shorts ANF is on a ticking time clock and will dump hard and fast. at around $50 a share it was on the expensive end. but there is no fucking way better managed companies like ULTA and LULU get hit hard and fast with retracting sales AND THEY HAVE CULT LIKE KAREN FOLLOWING and some douchebag company like ANF continues to grow retail sales have been in the shitter and they were riding a semi decent q4 .. but their next earnings are going to be utter shit and it will tank 20-30%

msaleem

Biggest surprise for me was even considering how miniscule the Beyond Yoga business is, they still only grew by 11%. LULU, in spite of how saturated they already are in the market, still grew by 9% in the US and 16% overall.

hoobaacheche

LULU lol! No bounce in sight

NotPapaElon

Whoever is in charge at LULU can go fuck themselves

creedthoughtsblog

until she realize that Temu sells same quality for 1/5 price LULU product quality dramatically worsened last 5 years

bdh2067

I know that’s the current hot take but there are more things different in the business than alike. The customer-base is also pretty different and the management approach is night & day - UA was (and is again) led by a founder blinded by his own ego who thinks only he can lead it. I think we’ll see LULU is more like the Nike of 1990s than UA

yellowberrymuffin

Why are people buying the 5/10 LULU 310/300 put spreads I'm selling? Oh well free pennies for me

tired_ani

I am not familiar with how it all went down with UA, but hopefully my sense about LULU is right.

giggy13

LULU the next UA?

NotGucci

LULU had insiders buying last week. Director bought $1 million dollars worth of share. So, hoping for a turn-around soon.

tired_ani

Bought some LULU and TSM to reduce cost basis (yes I tried to time the market without success ) Just need to avoid looking at returns from them for 5 years.

NotPapaElon

You can always count on LULU to drop every day

NotGucci

LULU soo oversold

876General

Starting to DCA into LULU next week. Numbers look good at this valuation. Just how much of an issue is the slowing US growth? We shall see

Final_Historian7309

LULU  Market is ripping you blind fuck

Sct1787

This one hit home. Fuck LULU